Cornelius Waterfront Real Estate Market Update November 2014

Cornelius Real Estate Market Update August 2014
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Cornelius Waterfront Real Estate Market Update

Cornelius Waterfront Homes
In November 2014 3 Cornelius waterfront homes sold, a 70% decrease from the 10 waterfront homes sold in October 2014. November 2014 waterfront sales figures decreased 62.5% from November 2013 when 8 Cornelius waterfront homes sold.

The average sales price increased 18.1% from $1,394,535 in October 2014 to $1,646,605 in November 2014, the highest November average sales price since 2006! November 2014 average sales price increased 51.3% from the November 2013 average sales price which was $1,088,625.

Average days on the market increased from 129 in October 2014 to 140 in November 2014, an 8.7% increase in market time. November 2013 average days on the market were 110, a 27.3% increase in market time.

Currently there are 59 Cornelius waterfront homes listed in the MLS with 9 of those under contract, up 28.6% from October. The average list price is $1,550,080 down 2.4% from October. The current lowest priced Cornelius waterfront home is listed at $462,000 and the current highest priced Cornelius waterfront home is listed at $4,399,000.

Use our free listing service to see the current Cornelius waterfront homes for sale: Cornelius waterfront homes for sale



Cornelius Waterfront Condos & Townhomes
In November 2014 2 Cornelius waterfront condos or townhomes sold in the Lake Norman area, a 60% decrease from the 5 Cornelius waterfront condos sold in October 2014. November 2014 sales figures decreased 33.3% from November 2013 when 3 Cornelius waterfront condos sold.

The average sales price increased 92.8% from $164,700 in October 2014 to $317,500 in November 2014. November 2014 average sales price increased 70.1% from the November 2013 average sales price which was $186,667.

Average days on the market increased 76.7% from 73 in October 2014 to 129 in November 2014. November 2013 average days on the market were 43, a 200% increase in market time.

Currently there are 38 Cornelius waterfront condos listed in the MLS with 6 of those under contract, a 50% increase from October. The average list price is $258,718, up 3.1% from last month. The lowest priced Cornelius waterfront condo is listed at $130,000 and the highest priced Cornelius waterfront condo is listed at $500,000.

Use our free listing service to see the current Lake Norman waterfront condos for sale in Cornelius: Cornelius waterfront condos for sale



Cornelius Waterfront Lots
In November 2014 0 Cornelius waterfront lot sold in the Lake Norman area, a 100% decrease from the 1 Cornelius waterfront lots sold in October 2014. The average sales price was $N/A, down 100% from the October average sales price which was $217,500. November 2014 sales figures increased 0% from November 2013 when 0 Cornelius waterfront lots sold. The average sales price increased 0% from the November 2013 average sales price of $0.

The average days on the market increased 100% from October, from 182 to N/A days on the market in November. Days on the market were up 0% from October 2013 when the average was N/A days on the market.

Currently there are 20 Cornelius waterfront lots listed in the MLS with 4 of those under contract, down 33% from October. The average list price is $825,390, up 1.5% from last month. The lowest priced Cornelius waterfront lot is listed at $220,000 and the highest priced Cornelius waterfront lot is listed at $1,700,000.

Use our free listing service to see the current Lake Norman waterfront lots for sale in Cornelius: Cornelius waterfront lots for sale




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